All Dry vs Budget Blinds

You’re looking at a massive TAM gap and unit economics that dwarf the procurement friction. Budget Blinds gives you 1,355 units with an AUV of $774,915, nearly $300k more per location than All Dry—that’s significantly more software budget capacity per franchisee. Meanwhile, All Dry is shedding units at -12.9% YoY, so your addressable base is shrinking fast, whereas Budget Blinds is essentially flat (-0.8%) and stable. When you multiply higher per-site revenue by 13x the locations, the gross revenue pool you can tap at Budget Blinds is an order of magnitude larger, even after a 3.5% royalty bite.

The meaningful tradeoff is terrain: All Dry uses an approved-supplier model, meaning franchisees can choose their own vendor once you’re on the list—that’s a lower barrier to entry. Budget Blinds is franchisor-controlled procurement, so you have to sell the corporate office, not individual owners. But that’s a gate, not a wall. Once you win the franchisor, you can land-and-expand across the entire system with corporate endorsement, often on a faster deployment timeline. Given the vast scale and revenue density, a controlled procurement chain is a worthwhile sales-motion investment; an open but collapsing network isn’t.

Verdict: Budget Blinds is the stronger opportunity right now—